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  1. #1
    ADRecovery's Avatar
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    MIOTA - is it worth investing in?

    I believe that IOTA has a growth potential, cuz it's radically different from existing cryptocurrencies in the sense that it doesn’t use blockchain. It uses an entirely new concept called “Tangle”, no transaction fees etc. ...Heard that it should be quantum-proof... May it be worth a long term investment? What do you think?

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    You should def check this out before even thinking to get into that "cryptocurrency"
    https://medium.com/supercryptocurren...y-ca111de0f19a

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    If it's not in the top 10's it's still quite risky at this point of time

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    Well some big companies in Germany invested big into Iota, but I have heard it has some critical security flaws, the tangle concept is relatively untested still. When I tried it out it didn't seem to work that well. Personally I don't think it is going to be that big.

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    FascioDiLvce's Avatar
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    I personally don't think that small investiments will make you earn money today in crypto... Anyway i didn't ever eard about this new technology so i'll read something! Thanks!

  7. #6
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    Quote Originally Posted by ADRecovery View Post
    I believe that IOTA has a growth potential, cuz it's radically different from existing cryptocurrencies in the sense that it doesn’t use blockchain. It uses an entirely new concept called “Tangle”, no transaction fees etc. ...Heard that it should be quantum-proof... May it be worth a long term investment? What do you think?
    I believe they encountered some serious limitations with the Tangle system. They planned to initially support the system until it can be self-sustained but realized it will never be possible with the current structure. Not sure this information is still valid, but you should definitely research on that matter.

  8. #7
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    Yes, it is the future of Cryptocurrency

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